MCC prices for medals and coins weakening?

Discussion in 'Modern Chinese Coins & Medallions' started by silverfever, May 15, 2012.

  1. Thor122

    Thor122 New Member

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    Its a nice arbitrage to play 22% roi less fees and shipping.
     
  2. fishball

    fishball New Member Silver Stacker

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  3. Lightsview

    Lightsview Member

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    I paid AU$142 including shipping last November for my 2005 NGC MS 69 :(
     
  4. Thor122

    Thor122 New Member

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    Jaja. I dont have time to make tradings. And i dont speak mandarin (only a few english)
    I prefer buy the coins now and sell in 20/30 years or give it to my daughters
    With the sells. Make a global travel to know my panda brothers and we all rich men. Drink daikiries in the beach and saw the women in bikini?

    ;-)
     
  5. silverfever

    silverfever New Member

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    I just got a pretty decent deal on a 1997 Silver 10 yuan Sea Goddess Mazu NGC MS 69 for $134.28 shipped. Very happy with that price. Wasn't really interested in that coin but it was an impulse buy.
     
  6. Thor122

    Thor122 New Member

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    Are you infected with the fishy virus. ;-)
    He have it a few months ago and buy a lot of pandas and after spread for all mcc.
    Now he need to lunch and dinner only bread to pay the bills.
    :)
     
  7. silverfever

    silverfever New Member

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    Yes. I have been inspired by fishball.
     
  8. fishball

    fishball New Member Silver Stacker

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    Sorry for being a bad influence :p
     
  9. comeaux

    comeaux New Member Silver Stacker

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    bwahahahaha ... hillarious !

    Ok so yea now I have discovered that I can buy pizza on Monday at work, stick it in the fridge and eat on it all week !

    It's the fundamentals of surving the panda addiction :)
     
  10. DaBoz

    DaBoz New Member

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    I just grabbed a 1995 STSD in a PCGS MS-68 holder for $112.
     
  11. silverfever

    silverfever New Member

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    Looks like the bottom has fallen off MCC pricing...

    I just picked up
    NGC MS 69 1oz silver 1990 Panda for $128.50
    NGC MS 69 1 oz silver 2001 Panda for $107.50

    I thought I got a good deal when I got a 2007 MS 69 for $86.01 but one just sold for $71.01. In a couple of days I have already lost over 20% :-(

    Hopefully this is not a race to the bottom.
     
  12. Thor122

    Thor122 New Member

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    Jaja. But i dont saw the problem. I can eat pizza, hot dogs and burgers all days.
    ;-)
    Here a kg of pan 1000 grs is more expensive,than 2 hot dogs
    ;-)
    And with one silver panda 2012 you can buy a dinner for two in the best restaurants.
     
  13. Thor122

    Thor122 New Member

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    I wish. Better for us. More cheap more can buy.
    But i think it not continue forever. With europe next move change the not spend to keynes (france now, germany in a few months)
    The silver and gold will skyrocket and the inflation too.
     
  14. silverfever

    silverfever New Member

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    This low prices is motivating me to buy but i hope that I am not trying to catch a falling knife. I've been burnt in the Stock Market many time before. At least with MCC you get to enjoy looking at your investments. :)
     
  15. yennus

    yennus Well-Known Member Silver Stacker

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    Yes, this is a good buying time.

    Good quality Pandas are still fetching good prices. I recently sold my MS70 1/2oz Panda 1993 for $900. That's a much better return than my American Silver Eagles :)

    I encourage everyone to do their homework. Some good sources are:

    Peter Anthony - Pricepedia <-- informative commentary
    Badon&Tamo - LiveBusinessChat <-- informative commentary
    ChinaCoinForum <-- get a sense for what is popular
    Fishball - PandaStats <-- look for opportunities (what has seasonally been high, but is currently low? etc)
    Panda Forum <-- what's popular? What's hot (or not)?

    Until a 2000 Mirror sells for spot, demand for Pandas outstrips supply :)
     
  16. DaBoz

    DaBoz New Member

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  17. silverfever

    silverfever New Member

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  18. DaBoz

    DaBoz New Member

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    If this low mintage was partially eaten by this Aftermarket gilt. It makes the real stuff a little more rare doesn't it?
     
  19. silverfever

    silverfever New Member

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    You could say that.:)
     
  20. Thor122

    Thor122 New Member

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    Yes. And now the 2000 frosted is in liquidation move.
     

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